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re: Chase Freedom Card - pros/cons?
Posted on 11/21/12 at 8:49 am to foshizzle
Posted on 11/21/12 at 8:49 am to foshizzle
In case you are wondering how the card issuers make money when you pay no interest for a year, they charge merchants a fee for every transaction. So long as you use it a lot they still make money. Also, the card issuers in turn are themselves borrowing at historically low costs, practically zero once you take inflation into account.
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